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Pricing

2022
Flag → Flag
Exports $36.8MRnk 127 / 216
2022
Flag → Flag
Top Product $10.8MCars
2022
Flag → Flag
Exports $4.96MRnk 39 / 146
2022
Flag → Flag
Top Product $4.31MBorax
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

Indonesia-Bolivia Trade: In 2022, Indonesia exported $36.8M to Bolivia. The main products that Indonesia exported to Bolivia were Cars ($10.8M), Other Vegetable Oils ($2.81M), and Cleaning Products ($2.66M). Over the past 5 years the exports of Indonesia to Bolivia have decreased at an annualized rate of 0.36%, from $37.4M in 2017 to $36.8M in 2022.

In 2022, Indonesia did not export any services to Bolivia.

Bolivia-Indonesia Trade: In 2022, Bolivia exported $4.96M to Indonesia. The main products that Bolivia exported to Indonesia were Borax ($4.31M), Soybean Meal ($177k), and Motor vehicles; parts and accessories (8701 to 8705) ($141k). Over the past 5 years the exports of Bolivia to Indonesia have increased at an annualized rate of 23.8%,  from $308k in 2017 to $4.96M in 2022.

In 2022, Bolivia did not export any services to Indonesia.

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $36.8M to Bolivia. The main products exported from Indonesia to Bolivia were Cars ($10.8M), Other Vegetable Oils ($2.81M), and Cleaning Products ($2.66M). During the last 5 years the exports of Indonesia to Bolivia have decreased at an annualized rate of 0.36%, from $37.4M in 2017 to $36.8M in 2022.

In 2017, Bolivia exported $4.96M to Indonesia. The main products exported from Bolivia to Indonesia were Borax ($4.31M), Soybean Meal ($177k), and Motor vehicles; parts and accessories (8701 to 8705) ($141k). During the last 5 years the exports of Bolivia to Indonesia have increased at an annualized rate of 23.8%, from $308k in 2022 to $4.96M in 2017.

Exports from Indonesia (Flag) to Bolivia (Flag) (2022)

Exports from Bolivia (Flag) to Indonesia (Flag) (2022)

Latest Data

Trade between Indonesia (Flag) and Bolivia (Flag)

Indonesia Exports

Bolivia Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Bolivia
Top DestinationIndia$2.27B

This map shows whether countries import more from Indonesia or Bolivia. Each country is colored based on the difference in imports they receive from Indonesia and Bolivia or the difference in the growth in imports.

In 2022, countries that imported more from Indonesia than Bolivia included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2022, countries that imported more from Bolivia than Indonesia included Argentina ($1.76B), Colombia ($1.06B), and Peru ($885M).

Difference in imports from Bolivia (Flag) and Indonesia (Flag) (2022)

Comparative Advantage Indonesia - Bolivia

Flow
Scale

This chart compares trade between Indonesia and Bolivia by product, considering products traded by both, Indonesia and Bolivia.

During 2022, Indonesia had a large net trade with Bolivia in the exports of Transportation ($12.2M), Machines ($6.86M), and Animal and Vegetable Bi-Products ($4.42M).

During 2017, Bolivia had a large net trade with Indonesia in the exports of Mineral Products ($4.31M), Foodstuffs ($177k), and Machines ($143k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Bolivia+$6.37MCars
Top Product Potential Bolivia Indonesia+$1.21MSoybean Meal

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Indonesia and Bolivia. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Indonesia.

Product Space of Indonesia (Flag) and Bolivia (Flag) (2022)

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